Nation-building Funds

Education Investment Fund

The Education Investment Fund (EIF) was established on 1 January 2009 by the Nation-building Funds Act 2008 [] (the NBF Act) to finance capital investment in higher education infrastructure and vocational education and training infrastructure (that is, capital expenditure and renewal and refurbishment in universities and vocational education and training institutions, research facilities and major research institutions).

The EIF designated Ministers, in accordance with the NBF Act, have developed and tabled the EIF Evaluation Criteria [] to be applied by the EIF Advisory Board [] in giving advice regarding potential projects to be funded from the EIF.